HeiQ (LON:HEIQ) Stock Price Down 15.5% – Time to Sell?

HeiQ Plc (LON:HEIQ)’s share price traded down 15.5% during mid-day trading on Wednesday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). 406,134 shares changed hands during trading, an increase of 36% from the average session volume of 298,251 shares. The stock had previously closed at GBX 6.51 ($0.09).

HeiQ Stock Performance

The stock has a market capitalization of £9.17 million, a P/E ratio of -93.00 and a beta of 0.45. The stock’s 50-day simple moving average is GBX 8.75 and its 200 day simple moving average is GBX 10. The company has a debt-to-equity ratio of 66.87, a current ratio of 1.24 and a quick ratio of 1.91.

Insider Transactions at HeiQ

In other news, insider Carlo Riccardo Centonze acquired 500,000 shares of HeiQ stock in a transaction dated Friday, September 13th. The stock was bought at an average price of GBX 5 ($0.07) per share, for a total transaction of £25,000 ($32,718.23). 46.11% of the stock is currently owned by corporate insiders.

HeiQ Company Profile

HeiQ Plc, through its subsidiaries, operates in the antimicrobial fabrics, textiles and flooring, and life sciences businesses in Europe, North and South America, Asia, and internationally. It offers functional textile technologies to provide hygiene, comfort protection, and resource efficiency; surface coatings and polymers; patented probiotic technology for cosmetics, water treatment, and cleaning products; and functional consumer goods for personal care, healthcare, and lifestyle.